{"id":542899,"date":"2022-01-23T04:02:37","date_gmt":"2022-01-23T04:02:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/"},"modified":"2022-01-23T04:02:37","modified_gmt":"2022-01-23T04:02:37","slug":"mnt-halan-launches-buy-now-pay-later-service","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/","title":{"rendered":"MNT-Halan launches buy-now-pay-later service"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Fintech firm MNT-Halan has launched a buy-now-pay-later (BNPL) service in its <\/strong><strong>app<\/strong>,according to <a href=\"https:\/\/ent.news\/2022\/1\/BNPL-Final-19-Jan.pdf\">a statement (pdf)<\/a>. Backed by Halan\u2019s recently-launched <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6d2b3d87-c61e-49be-90dc-52969d248e48\">Neuron<\/a> core banking system, the BNPL service allows customers to pay using credit on purchases made through the Halan app or direct from vendors, whether online or in a physical store.<\/p>\n<p><strong>The new service comes as MNT-Halan looks to grow its service menu in Egypt to include cards and supply chain financing<\/strong>, CEO and co-founder Mounir Nakhla <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0191132f-ae68-4175-a468-c2fede1816d6\">said earlier this month<\/a>. The company currently offers microfinance solutions, P2P transfers, bill payments, and remittances in addition to its BNPL loans.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>Elsewedy Electric subsidiary <strong>Egytech Cables<\/strong> <a href=\"https:\/\/ent.news\/2022\/1\/%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%AF%D9%8A-%D8%A8%D9%8A%D8%A7%D9%86-%D8%A8%D8%A7%D9%84%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%8A-20-01-2022.pdf\">signed (pdf)<\/a> two turnkey agreements worth <strong>EGP 686 mn for the design, supply, and installation of underground cables<\/strong> in a residential city in Kuwait.<\/li>\n<li><strong>Cairo University <\/strong><strong><a href=\"https:\/\/eg.usembassy.gov\/the-united-states-and-egypt-inaugurate-disabilities-center-at-cairo-university\/\">has partnered<\/a><\/strong><strong> with the US government to open a disability<\/strong> <strong>service center<\/strong>, which will advocate for university-wide policies and provide services and equipment to students with disabilities. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Fintech firm MNT-Halan has launched a buy-now-pay-later (BNPL) service in its app,according to a statement (pdf). Backed by Halan\u2019s recently-launched Neuron core banking system, the BNPL service allows customers to pay using credit on purchases made through the Halan app or direct from vendors, whether online or in a physical store. The new service comes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,533,73,160,152,72,310],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542899","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-buy-now-pay-later-bnpl","tag-education","tag-egytech-cables","tag-elsewedy-electric","tag-enterpriseam","tag-mnt-halan","wpautop","entry"],"acf":{"mongo_id":"3eef6a32-cb31-409a-83c0-71635217a637","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[542878],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MNT-Halan launches buy-now-pay-later service - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MNT-Halan launches buy-now-pay-later service\" \/>\n<meta property=\"og:description\" content=\"Fintech firm MNT-Halan has launched a buy-now-pay-later (BNPL) service in its app,according to a statement (pdf). Backed by Halan\u2019s recently-launched Neuron core banking system, the BNPL service allows customers to pay using credit on purchases made through the Halan app or direct from vendors, whether online or in a physical store. The new service comes [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-23T04:02:37+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MNT-Halan launches buy-now-pay-later service\",\"datePublished\":\"2022-01-23T04:02:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\"},\"wordCount\":173,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"buy-now-pay-later (BNPL)\",\"Education\",\"Egytech Cables\",\"Elsewedy Electric\",\"EnterpriseAM\",\"MNT-Halan\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\",\"name\":\"MNT-Halan launches buy-now-pay-later service - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-01-23T04:02:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MNT-Halan launches buy-now-pay-later service\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MNT-Halan launches buy-now-pay-later service - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/mnt-halan-launches-buy-now-pay-later-service\/","og_locale":"en_US","og_type":"article","og_title":"MNT-Halan launches buy-now-pay-later service","og_description":"Fintech firm MNT-Halan has launched a buy-now-pay-later (BNPL) service in its app,according to a statement (pdf). Backed by Halan\u2019s recently-launched Neuron core banking system, the BNPL service allows customers to pay using credit on purchases made through the Halan app or direct from vendors, whether online or in a physical store. 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The fintech firm \u2014 which last year raised USD 120 mn in what remains the region\u2019s largest-ever fintech round\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/104.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607894,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/how-are-fintech-firms-navigating-high-inflation-and-a-drying-up-of-vc-funding\/","url_meta":{"origin":542899,"position":1},"title":"How are fintech firms navigating high inflation and a drying up of VC funding?","author":"enterpriseam admin","date":"11 October 2023","format":false,"excerpt":"Fawry, MNT Halan CEOs remain optimistic despite market turbulence","rel":"","context":"In &quot;ENTERPRISE FINANCE FORUM&quot;","block_context":{"text":"ENTERPRISE FINANCE FORUM","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-finance-forum\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/63.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635214,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/fintech-leader-mnt-halan-expands-into-turkey-with-acquisition-of-tam-finans\/","url_meta":{"origin":542899,"position":2},"title":"Fintech leader MNT-Halan expands into Turkey with acquisition of Tam Finans","author":"enterpriseam admin","date":"28 July 2024","format":false,"excerpt":"The purchase follows a USD 157.7 mn funding round","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2136.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656957,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/12\/mnt-halan-enters-the-uae-market-with-halan-advance-launch-plus-hassan-allam-utilities-acwa-power-somabay-taqa-arabia-amea-power-monoprix-tmt\/","url_meta":{"origin":542899,"position":3},"title":"MNT-Halan enters the UAE market with Halan Advance launch. 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